Latest Stock Market News

Brokerages have shared their latest stock recommendations across IT, ports, healthcare, metals, and auto ancillaries, highlighting potential upsides in the range of 12–29%.

Reliance Industries AGM is highly anticipated as 44 lakh shareholders await updates on IPO timelines for Jio and Retail, potentially unlocking significant value. Investors are keen on RIL s AI strategy, particularly the JioBrain platform, and progress in the new energy business, including solar and battery giga-factories. Brokerages maintain positive ratings, citing strong refining operations and attractive valuations.

RBI Bank share price: French lender Societe Generale executed a bulk deal in RBL Bank, purchasing over 31 lakh shares worth Rs 79 crore at an average price of Rs 250.57, while simultaneously offloading 1.29 lakh shares in another trade.

The RBI s August report highlights downside risks to the Indian economy due to US trade policies, despite supportive domestic financial conditions. While uncertainties persist, factors like rising rural wages and rate cut transmissions are expected to bolster aggregate demand. The report also notes subdued industrial activity and anticipates headline inflation to remain below target.

The Association of Healthcare Providers of India (AHPI) has raised concerns over alleged anti-competitive practices by the General Insurance Council (GIC), including a proposed common empanelment process and sudden suspension of cashless services. AHPI argues these tactics pressure hospitals to lower tariffs without legal justification.

Indian equity markets experienced a second consecutive day of losses due to escalating tensions between the US and India over tariffs. The NSE Nifty and BSE Sensex both declined by 0.9%. Investors are cautious amid a lack of positive triggers, with banking and IT sectors underperforming. Foreign portfolio investors continue to sell shares, contributing to the market s bearish sentiment.

Asset management companies have seen significant stock gains this year, fueled by record inflows and expectations of relaxed regulations. However, analysts caution that increasing industry competition and stretched valuations may moderate future gains. New entrants and potential listings could further intensify competition, potentially leading to a correction in AMC stock prices.

Sumitomo Mitsui Banking Corp or SMBC will invest sixteen thousand crore rupees in Yes Bank. The investment will be through equity and debt. This will strengthen Yes Bank s balance sheet. SMBC will also acquire a twenty percent stake in the bank from existing shareholders. The deal awaits regulatory approvals. This move is expected to improve Yes Bank s financial standing.

Rakesh Gangwal s family trust divested a 1.3% stake in InterGlobe Aviation, IndiGo s parent company, for ₹2,933.4 crore through bulk deals. This sale is part of a phased exit strategy initiated after Gangwal stepped down from the board in February 2022. Shares of IndiGo closed lower following the transaction, though the stock has outperformed its benchmark index year-to-date.

Following India s sovereign rating upgrade by S&P, domestic firms like Credila and Muthoot Finance are actively pursuing offshore fundraising, aiming for over $2 billion. This move is expected to lower borrowing costs, though tax cuts and US tariffs introduce some risks. Market anticipates potential Fed rate cut may further influence fundraising strategies.